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<br />en <br /> <br />970-587-2749 <br /> <br />",.5 <br /> <br />ewCR Construction Fund Loan Application <br /> <br />Part C. - Project Sponsor Financial Infonnation <br /> <br />Because the CWCB Construction Fund is a revolving fund, it is important that the project sponsor <br />have the financial capacity to repay any loans made by the CWCB. The following information is <br />needed to assist the CWCB in a preliminary assessment oftbe applicant's financial capacity. It is also <br />requested that the project sponsor submit with this application copies of the two most recent annual <br />reports, financial statements, corporate reports or other current documentation of financial condition <br />and operations. <br /> <br />1. List any existing liability or indebtedness that exceeds one thousand dollars. For example, bank <br />loans, government agency loans, bond issues, accounts payable, etc. Include names and addresses <br />oflenders, amounts, due dates and maturity dates. Attach a separate schedule, if needed. <br /> <br />Remaining Annual Maturity <br />Lender Name & Address Amount Pavrnent Date <br /> <br />New Frontier Bank - Fred Allison <br /> <br />2425 3SU' Avenue <br /> <br />Greelev. CO 80634 (970) 339-5100 <br /> <br />$1,063.102.97 <br /> <br />8-15-03 <br /> <br />2. Are any of the above liabilities now in default, or been in default at any time in the past? YES <br />NO X . If YES, please give detailed explanation. <br /> <br />3. Please provide a summary of all revenues received during the last two fiscal years by category <br />(such as service charges, tap fees, assessments, etc.). <br /> <br />See attached Financial Statement <br /> <br />4. Please provide a briefnarmtive description of sources offunding, in addition to the CWCB, which <br />have been explored for this project (Examples would be Banks, Rural Development, NRCS, <br />Colorado Water Resources and Power Development Authority, Colorado Division of Local <br />Government, etc.). No other lon2 tenn financin2 is available. <br /> <br />S. What collateral will you be offering for this loan? Possibilities include the project itself, pledge of <br />revenues, real estate, water rights. The nroi ed itself and/or real estate. <br /> <br />4 <br /> <br />CFI.A602 <br />